5882 SPRING GREEN DR
About This Property
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 22, 2025 | Sold | ||
| Sold | |||
| Nov 8, 2025 | In contract | - | |
| In contract | |||
| Oct 21, 2025 | Price Decreased |
$219,000
↓ $10K
(4.2%) | |
| Price Decreased | |||
| Oct 16, 2025 | Price Decreased |
$228,500
↓ $500
(0.2%) | |
| Price Decreased | |||
| Sep 22, 2025 | Listed by Prime Realty | $229,000 | |
| Listed by Prime Realty | |||
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Our lender partner is offering to cover the entire downpayment and closing costs, up to $17,500, with competitive rates available in the 5% range. This inviting, move-in ready home features three bedrooms and two bathrooms, with soaring ceilings and a cozy fireplace in the living room. The thoughtful split master layout includes a spacious, unique master bathroom for added comfort. The interior boasts tile and vinyl flooring throughout-no carpet-for easy maintenance and modern appeal. Outside, the backyard is perfect for gatherings, offering a large covered porch and turf for effortless upkeep. The property also conveys with a playscape and refrigerator, adding to its convenience and charm.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017